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Lloyds Monthly Saver Tax Refund
Hi, My wife's Lloyds Monthly Saver account has just matured and, as she'd mistakenly forgotten to register this account for gross interest, she was only paid net. We've just been into the branch to mention this. In the past when this has happened with a Club Lloyds account, we've been asked whether we're owed any tax, and…
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Two Year Fixed Rate Cash ISA
Hi, I currently have £11k in a Two Year Fixed Rate Cash ISA with lloyds bank. I've started this in July 2014. I need to release the money now for personal reasons. On their website they state there is a fine: "No notice period. We don’t encourage withdrawals on this account. Though they are possible, any withdrawals within…
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War Bonds
Hello, I recently inherited some war bonds and was advised to keep them as I would be earning 3.5% interest on them. I have been reading over the last few weeks that the government are looking to clear their war debt next February and I wondered how this might affect me? Would I just get the original amount invested back…
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Beginner investing
Hello there, I have a small amount of savings that I want to invest and grow. However, as a young adult and investing novice, I have little knowledge in how to do this personally, therefore I am interested in discovering services that can do this on my behalf but have higher returns than the bank that current holds my…
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Scottish Widows stakeholder pension
Hi, not sure if I am posting in the right place ... I have a stakeholder pension with Scottish Widows. I set it up about 8 years ago as it was reputed to be one of the best at the time. I just wondered if anyone had any thoughts about it and whether it is still a good pension to have.
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USA overpriced
Mentioned in a few threads but nothing dedicated This poorly informed amatuer has read a few things on t' web and has a hunch that the US is overpriced and due a major drop , much more so than UK and rest of world. What do others think? Hes been lucky once dropping a pile of equities early sept and avoided the drop, and…
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Guarantee one standing order occurs before another
I have setup a savings account with TSB (5% up to 2000). I also have a HSBC current account; Santander current account (3% interest rate up to 20000). My salary is paid on the 18th into my HSBC account. I plan to setup standing orders for the following: 1) transfer 500 to my TSB account on the 19th 2) Transfer 500 to my…
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Regular investments into Vanguard Life Strategy 60%
I want to set up a regular investment of £200 per month for a long term investment (5 years+) into some type of tracker fund and my research so far has lead me to think that the Vanguard Life Strategy 60% looks like a good option for ease and diversity. I want something that I can pretty much set up and leave, with a low…
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making the most of First Direct regular saver?
I've just moved over to First Direct and I've still got around 3k sitting in a santander account. The FD regular saver gives 6% for with monthly payments from £25 to £300. I was thinking of saving around £250 per month. I understand that I'll get approximately 3% return. What I was thinking was , for example, to set up ten…
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Best Share trading site for UK.
I've been searching for some good share trader sites for UK and out of Halifax Share Dealing, Barclays Stock Brokers and Interactive Investor which is the best for a beginner who wants to get into dividend investing.
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Am I overpaying in platform charges
Hi, I struggle to compare fees for the different platforms. When I first started investing I went with Charles Stanley Direct on the understanding that they were cheapest at the time. I was hoping that someone who has a better level of understanding would be able to critique my holding and let me know whether there is any…
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Coventry Poppy Bond Offers 2.4%
3 yr fixed rate, no minimum, monthly interest option http://www.coventrybuildingsociety.co.uk/savings-accounts/centenary-poppy-bond.aspx
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Selling vested shares via US broker.... How to work out the CGT and other fees?
Hi Everyone I earned some shares with a company I previously worked for. The date when I can sell these shares is approaching but as they were a US company they are using a US broker. I was told the broker in the US will take any taxes due but I am not sure if that is only any US taxes that apply. I will also lose money on…
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Best Interest Rates Missing on MSE?
I was reading an article by Martin in the Telegraph http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/11212554/Moneysaving-mortgage-trick-pay-an-extra-150-per-month-now-save-30000.html where he mentions that his "top pick savings rate is 3pc on up to £20,000 with the Santander 123 bank account" with a…
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Best savings account for equity?
Hi As above really. It will be going on another house in approx 6 months so it can't be an annual savings account. No idea where to start! Is it worth opening a new account just for this, don't want to do anything to effect my credit score
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3 year pensioner bonds affect on marginal tax rate.
I understand that the interest on the 3 year pensioner bonds will be paid at the end of the 3 years less tax at the standard 20%rate. For marginal tax rate calculations, will this interest be spread over the 3 years or will it all be assumed to be earned in the last year when it is paid?
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Debit card cashback
We have had to cut up all our credit cards, only debit cards from now on. Are there any good cashback debit cards? Or which ones are the best to use with the best benefits? Like building up points or something.
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How is it possible to make money with brokers fees?
I was just playing about with the Virtual Trader platform on the Bank of Scotland website. I bought some McDonalds shares and each trade has a 12.95 brokers fee. If there's a charge when I sell it too then to cover that 25.90 the price is going to have to go sky high. I don't get it.
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Tax on Savings Interest - HMRC records
Hi As many on here I have recently become more of a savings tart than I ever used to be, constantly moving my savings around for the best interest rates. As I am always reluctant to go over the £85k FSCS safe balance I have ended up with several accounts. As year end self-assessment looms I am conscious that I have…
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House sale proceeds guarantee?
Seeking more advice ... A colleague has told me that the Government offer - or perhaps plan to offer? - a guarantee on the proceeds of a house sale deposited in a bank/BS etc - beyond the usual £85,000. Has anyone heard of this? A google search doesn't turn up anything (I have be using the wrong terms) Thanks Markhat
